Does it seem like you could travel around the world and back again with all of the unused airline miles you've tossed away over the years? The good new is that under certain conditions you may actually be able to transfer unused miles to family members during the holiday travel season.

If you would like to help a loved one enjoy a cheap vacation, the first thing you should do is see if you can lend them some of your miles. While many rewards programs are flexible when it comes to sharing miles and combining points, others have tight restrictions on what you can and can't do. In addition, you should be very careful to learn about how long a transfer takes to be completed.

The time it takes for a company to transfer points and miles can range between a few seconds and several weeks. Is cheap travel on your mind? Take a look at how you can give someone you care about the gift of free airline miles.

  1. Create A Household Account

    Many airlines give you the option to create a household account that allows points to be pooled between everyone living under one address. This is a fabulous option if you have kids who will be flying home from college during the holiday season. Of course, a household account should be set up far advance of when you anticipate your next flight will be.

  2. Redeem Your Rewards For Someone Else

    You may not have to actually go through the process of transferring miles if the airline at hand allows you to redeem miles in someone else's name. Be sure to speak with a representative in advance to make sure conflicts with credit card information won't hinder you from successfully purchasing a flight ticket.

  3. Complete A Transfer

    If you have accumulated a large amount of miles over the years, you may be granted the ability to simply transfer your miles to another person. Many credit card companies and airlines give preferred members the privilege of transferring their miles to other flyers once they've surpassed a certain level of loyalty. Be sure to speak with a representative from your preferred airline to see if you qualify for this benefit when booking future flights.

  4. Transfer Points Instead Of Miles

    Travel points don't come exclusively from airlines. Many credit card companies give customers the option to turn accumulated points into airline seats. What's more, many companies allow customers to transfer these points to other accounts.

    If you'll be transferring points from your credit card to another user, you may be able to take care of the process online. Most credit card companies that allow point transfers require you to transfer the points to someone who is active in a partner program.

    Many credit card companies also give you the opportunity to combine your points with the points that have already been earned by the person you're sharing with.

  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®

    Why we like it
    • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
    • Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
    • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
    • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
    • No foreign transaction fees
    • 1:1 point transfer to leading airline and hotel loyalty programs
    • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
    • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
    APPLY NOWAt Chase's secure website

    Regular APR

    16.49% - 23.49% Variable

    Annual Fee

    Introductory Annual Fee of $0 the first year, then $95

    Credit Required

    Excellent
    APPLY NOWAt Chase's secure website
    Why we like it
    • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel.
    • 1:1 point transfer to leading airline and hotel loyalty programs.

    Regular APR

    16.49% - 23.49% Variable

    Annual Fee

    Introductory Annual Fee of $0 the first year, then $95

    Credit Required

    Excellent
    • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
    • Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
    • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
    • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
    • No foreign transaction fees
    • 1:1 point transfer to leading airline and hotel loyalty programs
    • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
    • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
    APPLY NOWAt Chase's secure website